By Cavid Aga in Ankara The European Bank for Reconstruction and Development (EBRD) has significantly deepened its engagement with Azerbaijan, directing nearly 80% of its $200mn investment in 2024 into …
Azerbaijan’s insurance sector notes investment gain, signalling market maturity
The increase in investment returns is also a subtle indicator of policy success. Over the past few years, the Azerbaijani government has taken steps to modernize financial regulations and encourage …
Backlash over supporting Pakistan: Turkey and Azerbaijan face full trade boycott from Indian traders
The Confederation of All India Traders (CAIT), which convened the conference, went further, calling on the Indian film industry to refrain from shooting in these nations — and warned that any films or …
Indian traders’ body boycotts Turkey and Azerbaijan over support for Pakistan
The move comes after both Turkey and Azerbaijan openly showed support for Pakistan, at a time when India is facing sensitive national security challenges.
Azerbaijan’s property service increases revenues to state budget
Between the first four months of 2025, Azerbaijan’s State Service for Property Issues hit the ground running with 14 auctions, resulting in the privatization of stakes in four companies …
Backlash for support to Pakistan: Indians cancel trips to Turkey, Azerbaijan; travel ports report big dip
Following public outcry and boycott calls against Turkey and Azerbaijan due to their stance during recent India-Pakistan tensions, travel bookings hav …
Four Indian companies commit $6.8 billion overseas FDI in April; nearly $6 million in Azerbaijan, Turkey
Indian firms invested nearly $6 million in Azerbaijan and Turkey in April, part of a larger $6.8 billion outbound FDI, which saw a 90% year-on-year in …
Up to 60% cancellations: Indian travellers drop Turkey, Azerbaijan amid boycott calls
MakeMyTrip reported that bookings to Azerbaijan and Turkey have decreased by 60%, while cancellations have surged by 250% in just one week …
Azerbaijan’s financial sector gears up for enhanced collaboration with LSE
The ongoing dialogue between Azerbaijani officials and their counterparts at the London Stock Exchange (LSE) marks an exciting chapter in the growing economic cooperation between Azerbaijan and the …
EBRD and Unibank relaunch partnership to expand MSME finance in Azerbaijan
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 10 million (€8.8 million) to Unibank in Azerbaijan in local currency. The proceeds will be lent on to local …